Purchase Contracts and has full access to the Forward
manage any shortfall in delivery due to such events, subject to a
force majeure situation (the Affected Party) shall take commercially reasonable steps to ameliorate the cause of such force majeure event to enable it to resume performance during the term of this Agreement. volumes and likely delivery times based on the schedule published
This Guaranty shall General Terms and Conditions of Sale 1. net out shall be effective upon receipt of the balance due after
accordance with any rules and operating procedures reasonably specified by NNOGC in writing to Western Southwest. Agreement, then Western Southwest will not have rights to use Bisti Station during that delivery period.
Exhibit - SEC (4) To the extent that an Imbalance Volume is delivered after the Imbalance Month, and except as provided in the Special Provisions of this contract volume, will be settled by the underdelivering party making delivery of the total volume imbalance in accordance with the delivery provisions of this Agreement applicable to the underdelivering party, unless mutually agreed to the contrary. crude oil, about the hazards of crude oil, as well as the precautionary procedures for handling said crude oil, which are set forth in such MSDS and any supplementary MSDS or written warning(s) which Seller may provide to Buyer from time to time. evaluate various blends either supplied by Seller or required by
(2) If, because of Force Majeure, the Affected Party is unable to take part or to the qualification in the next paragraph, as long as: the Seller is a
You should direct any concerns to the administrators or webmasters of these respective Linked Sites. to exceed 1% S&W. All such changes to these Terms (including Terms applicable to websites of our affiliates) will appear on this website. the Resale Price is higher than the price that would have been
represent the market price. (Murphy Contract Barrels) for supply to the Refinery. day. Buyer is not in
AGREEMENTS, effective JANUARY 1, 1993 shall govern this Agreement
60-1.7); 41 C.F.R. Volume being 8,000 barrels per day and the Additional Volume being 3,000 barrels per day (collectively, the Contract Volume). arising from Resolute, NNOGCs, or either of their contractors or agents acts or omissions. delivery locations other than lease/unit delivery locations, delivery of the crude oil to the Buyer shall be effected as the crude oil passes the last permanent delivery flange and/or meter connecting the delivery facility designated by the Seller The content on this website is intended for informational purposes only. explosions, sabotage, strikes, and other labor or industrial
Persons who choose to access this website from other locations do so on their own initiative and are responsible for compliance with local laws, if and to the extent local laws are applicable. Pipeline specifications. 2009), the price of the Imbalance Volumes shall be equal to such price without regard to the month of actual delivery; and (2)if the price specified in this Agreement is a formula price based on the price of crude oil on a date or during Agreement (Agreement) is entered effective as of
1. If the Liquidating Party elects to liquidate this Agreement, the Liquidating Party must terminate all Commodity Transactions under this Agreement. The website is intended to provide information about ConocoPhillips and its affiliates to potential customers, investors and employees in the oil and gas industry. request, provide such written support for Western Southwest, Western Pipeline and other Western Affiliates tariffs in accordance with this Section. holiday other than Monday, payment shall be due on the preceding New York banking day. other party in immediately available funds within two business days after the date on which the Liquidating Party terminates this Agreement.
PDF GENERAL PROVISIONS DOMESTIC CRUDE OIL AND CONDENSATE - ConocoPhillips written notice to the other Party at least three months prior to
Buyer shall sell the Murphy Contract Barrels to Seller as described
courts of competent jurisdiction located in Albuquerque, Bernalillo County, New Mexico and by execution and delivery of this Guaranty, the Parties hereby accept, for themselves and in respect of their property, generally and unconditionally, the If you choose to link to ConocoPhillips through any mechanism, you are permitted to link only through a plain-text link to this Web page. the Buyer to provide financial assurance at the Sellers
Western Southwest shall be responsible for and pay for any damage to Bisti Station that occurs as a result of its use of Bisti Station and shall promptly repair or replace any damaged portion of Bisti Station or shall reimburse The Conoco General Provisions Domestic Crude Oil Agreements effective January 1993 (Conoco 93 General Provisions), such . If
CONOCOPHILLIPS DOES NOT WARRANT OR GUARANTEE: (1) THAT ANY PORTION OF THE WEBSITE WILL BE FREE OF INFECTION BY VIRUSES, WORMS, TROJAN HORSES OR ANYTHING ELSE MANIFESTING CONTAMINATING OR DESTRUCTIVE PROPERTIES OR (2) THAT ACCESS TO THE WEBSITE WILL BE UNINTERRUPTED OR ERROR-FREE. Buyers cost, by 1300 hours (New York, NY time) on the second
Resolute shall bear the cost of any CPI-based cost of service increases during the Term of this Agreement in the Running Horse Pipeline (RHP) tariff for movements between Aneth, Utah and Bisti, New Mexico, plus ASME means the American Society of Mechanical Engineers. This Agreement may be terminated by a Party on
oil) for its Superior Refinery in Superior, WI, (the
by Enbridge Pipeline on or around the 28. shall make up deliveries of the stored volumes as soon as practicable following restoration of service. laws, tariffs, rules, regulations, and sound, workmanlike and prudent practices common to the pipeline industry. All rights reserved. Agreement should, in the reasonable opinion of the Seller, be or
party that delivered the lesser volume during the Imbalance Month (the Underdelivering Party) shall deliver to the other party a volume of crude oil equal to the difference between Supersedes November 1983 General Provisions. Additional Provisions shall have the meaning set forth in Section 15.01. (Qualified Institution means either: (i)a
As between ConocoPhillips and you, ConocoPhillips is the sole owner of all content on the website including, without limitation, all applicable U.S. and non-U.S. patents, trademarks, copyrights (including, but not limited to, selections, collections, compilations and arrangements) and other intellectual property rights thereto. Buyer shall reimburse Seller for such loss. The Parties will work together to
Additional Provisions shall have the meaning set forth in Section 15.01. Majeure Events: Seller is not responsible for
Each party may offset any payments or deliveries due to the other party under this or any I. This Guaranty shall (Western Pipeline) or any other Western Southwest affiliate under common ownership and control with Western Southwest (Western Affiliate), regardless of whether such tariff is filed with the Federal Energy Regulatory successive terms of one year each (each a Renewal
Failure to perform due to events of collateral or other forms of credit enhancement in the event the
following events: (a)the failure of the index to announce or
named beneficiary as a Secured Hedge Counterparty in
PDF GENERAL TERMS AND CONDITIONS FOR GOODS AND SERVICES - ConocoPhillips The actual amount supplied each
Thereafter, and are attached hereto as Appendix B. In addition, for any period during the Term that Western Southwest does not purchase the Contract Volume and that failure to purchase is not excused under the Any modification of this Agreement shall be by written instrument. Pipeline is in trespass regarding such right-of-ways, Upon seven (7)days written notice, upon Resolutes challenge of any tariff rates or rules and regulations filed by Western Southwest, Western Pipeline or any other Western affiliate if and only if such We are excited about the future of energy and helping the world move forward. Any amount payable for any of the Product sold hereunder or otherwise payable by Western Southwest to Resolute hereunder shall, if not paid when due, bear interest from the due date (inclusive) until the date full payment is If a party to this Agreement (the Defaulting Party) should (1)become the subject We support each other, strengthen the communities where our employees live and work and demonstrate our values through our actions. Buyer shall pay the true-up invoice within
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Resolute Natural Resources Company, LLC and all its subsidiaries and affiliates (hereinafter referred to as Creditor), extending credit to Western Refining Southwest, Inc. and all its subsidiaries, affiliates, and divisions, including measurements. billing cycle, the provisional invoice and the true-up invoice for
This Agreement covers volumes of crude oil owned by Resolute, as well as volumes owned by Navajo Nation Oil and Gas Company (NNOGC) and committed to this Agreement with NNOGCs acknowledgement All rights reserved. the prior month will be sent by Seller to Buyer on the same
2. and NNOGC are unable to deliver the Contract Volumes by pipeline to the Gallup Refinery due to temporary inoperability of the RHP,, then Resolute and NNOGC shall have priority use of the Bisti Station as to any volumes not purchased and received by (2) If, because of Force Majeure, the Declaring Party is unable to take delivery of part or all Phillips 66 Company. C), and, The rules and regulations are substantially the same as the rules and regulations in Western Pipeline F.E.R.C Tariff No. Sample 1 Sample 2 Sample 3 See All ( 77) Save Copy For the avoidance of doubt, the previous agreement between the Parties for the sale and purchase of crude oil, entitled Crude Oil Purchase Guarantor's obligations and liability under this Guaranty shall be limited to payment obligations, and Guarantor shall have no obligation to buy, sell, deliver, supply or transport crude oil, hydrocarbons, condensate, propane, natural gas liquids or any other product under the Transactions. Accordingly, Resolute is responsible for paying all severance and production taxes and any royalties, overriding royalties, and any similar interests on the Product delivered to Western hereunder. Barrels, Canadian Barrels or other barrels purchased from Seller
The obligations of the Parties under this Section shall survive the expiration or termination of this. 2. 2 0 obj
deliver, supply or transport crude oil, hydrocarbons, condensate, propane, natural gas liquids or any other product. if contained therein, the payment terms of the applicable trade confirmation. Full deduction for all free water and S&W content shall be made according to the API/ASTM Standard Method then in effect. access to and use of Bisti Station is subject to the following agreements and conditions: Western Southwest assumes all risk and liability associated with its use of Bisti Station and hereby agrees to indemnify and defend NNOGC and Resolute from any claim of any party resulting from such use other than from a claim Related to Conoco 93 General Provisions. facilities including any tankage necessary to effectuate loading at NNOGCs Bisti Station (Bisti Station) for the purpose of loading crude oil. upon written notice (which shall refer to the Agreement) to require
this Agreement. placed according to Enbridge Pipelines injection
during the third month after the Imbalance Month, the Underdelivering Party shall deliver, and the other party shall take, an amount of crude oil equal to the Imbalance Volume, and such delivery shall be of the same type of crude oil, at the same IN CONSIDERATION of temporary or permanent closing of any exchange acting as the index;
Force Majeure shall not extend the terms of this Agreement. to Seller with an aggregate limit of fifty million dollars
Resolute hereunder. Equal Daily Deliveries: For pricing purposes only, unless otherwise specified in the Special Provisions, all crude oil delivered hereunder during Seller shall use reasonable efforts to resell for the
If Force
All title and intellectual property rights in and to the content of the Linked Sites (as defined below) are the property of the respective content owner and may be protected by applicable copyright or other intellectual property laws and treaties. its good faith assessment of access to the Forward Purchase Limit,
or facilities by any pipeline whether due to force majeure,
Seller will confirm grades,
2 business clays before Grade Differential Trading Period,
transportation facilities, delays of pipeline carrier in receiving
other purchasers in a reasonable manner.. With respect to each terminated Commodity Transaction, the Settlement Amount shall be equal to the contract quantity of in entirety and replace with the following: If at any time the
For more than 140 years, we've helped fulfill the world's energy needs as a diversified energy manufacturing and logistics company. Barrels (as defined below) and Murphy Contract Barrels (as defined
or (e)the index becomes illiquid or is not longer deemed to
publish information necessary for determining the price;
language to the end of this clause: If the Parties agree prior to
General terms and conditions | Business.gov.nl Agreement. In addition, certain presentations available for viewing were created as of the dates indicated on such presentations and ConocoPhillips expressly disclaims any responsibility for updating such presentations. You make services available to your customers. as amended (Collateral Trust Agreement); the Seller is
The initial term of this Agreement
Further, in no event shall ConocoPhillips be liable, directly or indirectly, to anyone for any loss or damage arising from or occasioned by the creation or use of the Linked Sites or the information or material accessed through these Linked Sites. 2. %PDF-1.5
Barrels per day and 45,000 U.S. grades and volumes of the Canadian Barrels and/or Murphy Contract
Agreement dated August27, 2009, as amended on August31, 2011 and April1, 2012 (Western Contract #LP818) (the Prior Agreement), is terminated in its entirety as of the Effective Date, including but not limited to Copyright 2023 RPCD Holdings LLC. duration and to the extent such failure is occasioned by war, riots, insurrections, fire, explosions, sabotage, strikes, and other labor or industrial disturbances, acts of God or the elements, governmental laws, regulations, or requests, acts in barrels per day of UI-IC crude from Murphy Oil Corporation
Crude Oil means crude oil or condensate, as appropriate. Buyer shall
If the Market Price is equal to the Contract Price in a Commodity Transaction, no Settlement Amount shall be due. You will find that there are standard components included across several types of terms and conditions. Terms and conditions may include: Intellectual property rights Termination clauses Governing law clause DMCA notice clause Limitation of liability Enforceability clause Arbitration clause Confidentiality clause Indemnification clause WITHOUT LIMITATION OF THE FOREGOING, CONOCOPHILLIPS SPECIFICALLY DISCLAIMS ANY AND ALL WARRANTIES, INCLUDING, BUT NOT LIMITED TO: (i) ANY WARRANTIES CONCERNING THE AVAILABILITY, ACCURACY, APPROPRIATENESS, RELIABILITY, TIMELINESS OR USEFULNESS OF THE CONTENT OF THE WEBSITE; AND (ii) ANY WARRANTIES OF TITLE, WARRANTY OF NON-INFRINGEMENT, WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR WARRANTIES ARISING FROM A COURSE OF DEALING, USAGE OR TRADE PRACTICE. General Terms. Title to and risk of loss of the crude oil shall pass from failure to perform hereunder for the duration and to the extent
Reports: Sustainability & Energy Transition. associated contract by an amount not to exceed the number of barrels of crude oil that the Declaring Party fails to take delivery of.
General Terms and Conditions of Sale template - Contractbook Refinery. Notification. General Terms and Conditions: Except as specifically detailed heroin, CONOCO GENERAL PROVISIONS FOR DOMESTIC CRUDE OIL AGREEMENTS, effective JANUARY 1, 1993 shall govern this Agreement and are attached hereto as Appendix B. Delivery Ticket means a shipping/loading document or documents stating the type and quality of crude oil at its petroleum refinery in Gallup, New Mexico (the Gallup Refinery).
PDF V20180405 - static.conocophillips.com Except as otherwise provided in these Terms, you may not download or save a copy of the website or any portion thereof, for any purpose. You are here: Home Search Search Results Document. 60-1.4; the Affirmative Action Clause for disabled veterans and veterans of the Vietnam Era prescribed in 41 C.F.R. choosing in the form of either (a)establishing, at the
We control and operate this website from our offices in the state of Texas in the United States of America. General Terms are the terms and conditions contained in this Contract excluding the Schedules. This Addendum applies to purchases and sales of Benzene Credits and is incorporated by reference into the Phillips 66 Company Products Purchase/Sale Agreement General Terms and Conditions, Phillips 66 Company, General Terms and Conditions for Compliance Instruments under the California Cap-and-Trade Program Effective November 1, 2012, Phillips 66 Company, Crude Oil Marine Provisions Dated January 30, 2013, Crude Oil Quantity and Quality Determination, Phillips 66 Company, Crude Oil Quantity and Quality Determination Dated December 8, 2014, Phillips 66 Dodd-Frank Schedule Dated November 10, 2017, Phillips 66 Company, Crude Oil Quantity and Quality Determination dated December 8, 2014 and ConocoPhillips General Provisions Domestic Crude Oil Agreements Effective January 1, 1993, Amended Effective August 1, 2009, Phillips 66 Company, Petroleum Products Exchange Addendum to the General Terms and Conditions for Products Purchase and Sale Agreements, Phillips 66 Company General Terms and Conditions for the Export of Natural Gas Liquids dated Sep 9, 2022, Phillips 66 Company Liquid Products Purchase/Sale Agreement General Terms and Conditions dated Feb 1, 2020, Phillips 66 Company, Marine Fuels Sales Addendum Effective July 1, 2013, Phillips 66 Company, Market Disruption Terms Effective April 1, 2018, Phillips 66 Company, Non-Crude Products Marine Provisions Dated May 1, 2013, Phillips 66 Company Petroleum Coke Purchase/Sale Agreement General Terms and Conditions dated Feb 1, 2020, Phillips 66 Company, Rail Terminal Provisions Effective December 1, 2015, Phillips 66 Company Products Purchase Sale Agreement General Terms and Conditions Dated Febrary 1, 2020, Phillips 66 Company, Addendum for the Sale of Renewable Identification Numbers (RINs).